SCHEDULE 13G/A: Tocqueville Asset Management and Affiliates Disclose 5.7% Passive Stake in NCS Multistage Holdings

Tocqueville Asset Management L.P., along with Taubenpost Capital L.P., Taubenpost Capital LLC, and Donald Wang, have jointly disclosed a 5.7% beneficial ownership stake in NCS Multistage Holdings, Inc. as of December 31, 2024.

Summary

• Tocqueville Asset Management L.P., Taubenpost Capital L.P., Taubenpost Capital LLC, and Donald Wang (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G.
• The filing reports beneficial ownership of 142,702 shares of Common Stock, par value $0.01 per share, in NCS Multistage Holdings, Inc.
• This aggregate amount represents 5.7% of the issuer's class of securities.
• The Reporting Persons share both voting and dispositive power over all 142,702 shares.
• The securities were acquired and are held for investment purposes and not with the intent to change or influence control of the issuer, indicating a passive investment.

Sentiment

Score: 5

Explanation: This is a routine beneficial ownership filing (Schedule 13G Amendment) indicating a passive investment, which typically has a neutral sentiment as it does not convey positive or negative operational or financial news about the company.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.

Key Dates

Keywords

NCS Multistage Holdings, Tocqueville Asset Management, Taubenpost Capital, Donald Wang, Schedule 13G, Beneficial Ownership, Passive Investment, Common Stock, SEC Filing, Institutional Investor